Competition should lead to gradual cut in costs says du

UAE telco du said competition with larger rival Etisalat will lead to a gradual decline in the cost of mobile-phone services in the emirates, CEO Osman Sultan was quoted as saying by Arabic language paper Alrroya.

Market leader Etisalat has already begun to cut services and earlier this month announced it was to slash the price of its broadband packages by 50%, while also reducing the cost of calls to India and the Philippines by up to 30%.